Miami-Fort Lauderdale, Florida priced at $119,600 in 1985 $387,818.93 in 2024

Miami-fort Lauderdale, Florida Inflation Calculator

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Prices for Miami-fort Lauderdale, Florida, 1985-2024 ($119,600)

According to the U.S. Bureau of Labor Statistics, prices for miami-fort lauderdale, florida are 224.26% higher in 2024 versus 1985 (a $268,218.93 difference in value).

Between 1985 and 2024: Miami-Fort Lauderdale, Florida experienced an average inflation rate of 3.06% per year. This rate of change indicates significant inflation. In other words, miami-fort lauderdale, florida costing $119,600 in the year 1985 would cost $387,818.93 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% during this same period, inflation for miami-fort lauderdale, florida was higher.

In the year 1985: Pricing changed by 2.82%, which is below the average yearly change for miami-fort lauderdale, florida during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation for miami-fort lauderdale, florida was lower.

Price Inflation for Miami-Fort Lauderdale, Florida since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (14.04%), 1981 (11.39%), and 1979 (9.70%).

View price changes for other categories
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Buying power of $119,600.00 since 1985

Below are calculations of equivalent buying power for Miami-Fort Lauderdale, Florida, over time, for $119,600 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$119,600.002.82%
1986$121,343.391.46%
1987$125,598.753.51%
1988$131,166.334.43%
1989$136,508.974.07%
1990$143,613.735.20%
1991$148,675.173.52%
1992$151,130.911.65%
1993$156,342.323.45%
1994$161,253.793.14%
1995$167,215.053.70%
1996$172,538.933.18%
1997$178,144.013.25%
1998$180,468.531.30%
1999$182,539.971.15%
2000$188,576.213.31%
2001$194,434.363.11%
2002$197,227.521.44%
2003$202,935.712.89%
2004$208,381.442.68%
2005$218,166.904.70%
2006$229,002.134.97%
2007$238,329.904.07%
2008$249,787.514.81%
2009$248,792.28-0.40%
2010$250,799.890.81%
2011$259,331.703.40%
2012$264,402.331.96%
2013$267,690.111.24%
2014$273,330.902.11%
2015$276,035.390.99%
2016$280,820.431.73%
2017$288,318.392.67%
2018$298,059.983.38%
2019$303,281.891.75%
2020$306,077.210.92%
2021$318,651.524.11%
2022$348,860.279.48%
2023$376,756.598.00%
2024$387,818.932.94%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Miami-Fort Lauderdale, Florida:

Year197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI62.00064.58370.85080.80090.00096.56799.683103.417106.333107.883111.667116.617121.367127.683132.183134.367139.000143.367148.667153.400158.383160.450162.292167.658172.867175.350180.425185.267193.967203.600211.893222.080221.195222.980230.565235.073237.996243.012245.416249.670256.337264.998269.640272.125283.305310.163334.965344.800

Adjust miami-fort lauderdale, florida prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miami-Fort Lauderdale, Florida was 106.333 in the year 1985 and 344.800 in 2024:

344.800 / 106.333 * $119,600 = $387,818.93

Therefore, according to U.S. Bureau of Labor Statistics, $119,600 in 1985 has the same "purchasing power" as $387,818.93 in 2024 (in the CPI category of Miami-Fort Lauderdale, Florida).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miami-Fort Lauderdale, Florida in 1977. In addition to miami-fort lauderdale, florida, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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